U.S. shale oil output to rise to record 9.08 million barrels per day in April – EIA

U.S. shale oil output to rise to record 9.08 million barrels per day in April – EIA

U.S. natural gas production is expected to notch its fifth monthly decline in a row in April and post the biggest monthly decline since January 2019, according to the data.. U.S. natural gas output from shale formations is expected to drop by about 0.2 billion cubic feet per day (bcfd) to 85.0 bcfd in April.. Gas output in the Appalachia region, the biggest U.S. shale gas formation, was set to decline by 0.2 bcfd to 32.6 bcfd in April.. In the Permian, gas output is expected to jump by about 0.2 bcfd to a new record of 17.2 bcfd in April due to an increase in associated gas from oil output..